200 loan Fundamentals Explained
200 loan Fundamentals Explained
Blog Article
(one) The recipient's or subrecipient's procurement treatments or operation fails to adjust to the procurement benchmarks in this component;
Charges incurred or compensated by a Point out or neighborhood federal government on behalf of As well as in direct benefit to its IHEs are allowable. These charges include but usually are not limited to fringe reward packages like pension charges and Federal Insurance coverage Contributions Act (FICA) costs.
When conducting procurement transactions less than a Federal award, a Point out or Indian Tribe must Stick to the exact same guidelines and treatments it takes advantage of for procurements with non-Federal cash. If this kind of procedures and processes don't exist, States and Indian Tribes ought to Stick to the procurement standards in §§ two hundred.
(i) Every time a recipient or subrecipient works by using the income foundation of accounting, the price of leave is recognized from the period the leave is taken and paid for.
(i) An accepted indirect Value charge negotiated between the subrecipient plus the Federal Govt. If no accepted fee exists, a move-as a result of entity have to determine the right price in collaboration Using the subrecipient. The indirect Value rate might be both:
The reasonableness and allocability of selected expenditures underneath Federal awards might be tricky to establish. In order to avoid subsequent disallowance or dispute depending on unreasonableness or nonallocability, the receiver may possibly look for the prior written acceptance of your Federal agency (or, for indirect expenses, the cognizant company for oblique charges) ahead of incurring the cost.
When equipment obtained beneath a Federal award is no more necessary for the first task, system, or for other routines at present or Formerly supported by a Federal company, the recipient or subrecipient must ask for disposition Recommendations with the Federal agency or pass-via entity if necessary through the conditions and terms with the Federal award.
The Federal agency may modify the chance evaluation at any time throughout the period of effectiveness, which can justify changes to the terms and conditions in the Federal award. See § 200.208.
Identification of no matter whether the program will concern Federal awards over a more info discretionary or non-discretionary basis;
(ii) An insurance company or trustee that should maintain a have faith in fund or reserve for the sole goal of giving write-up-retirement Advantages to retirees and various beneficiaries.
Each time a proposal, prepare, or other computation has to be submitted to the Federal Govt to type The premise for negotiation of the oblique Value rate (or other common costs), then the three-calendar year retention time period for its supporting documents starts within the day of submission.
The prior approval needs to the steps explained in paragraph (g) of this section are immediately waived for Federal awards that support research Except if stipulated while in the Federal company's rules or conditions and terms of the Federal award.
(a) The prices result from monetary obligations which had been appropriately incurred by the recipient or subrecipient prior to the productive day of suspension or termination, rather than in anticipation of it; and
indicates costs produced by a recipient or subrecipient to some project or application for which a Federal award is been given.